9/29/2015

Investment to Support Material Solutions’ Expansion into Production

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A strategic investment from SVC is intended to support the introduction of AM technologies into mainstream production.

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Materials Solutions Limited (Worcester, United Kingdom) has received a strategic investment from the Venture Capital Unit of Siemens (SVC). Since 2006, Material Solutions has developed high-performance materials and processes for laser powder-bed additive manufacturing, particularly for gas turbine applications.

“There are now strong signs that Additive Manufacturing will move into mainstream production for land and aero gas turbine components”, said Ralf Schnell, CEO of the Venture Capital Unit of Siemens. “Materials Solutions are outstanding in capability and experience and we will support their expansion.”

Announcing the investment, Materials Solutions founder and CEO Carl Brancher said, “I am extremely pleased that SVC has chosen to invest in Materials Solutions. I believe this investment validates Materials Solutions as the global technology leader in additive manufacturing of nickel superalloys.”

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